Apple, Inc. (NASDAQ: AAPL) had a terrific fiscal first quarter in 2015, but the second fiscal quarter, or the one ending in March 2015, is expected to be softer, with the iPhone and Mac standing out as the brightest spots.

According to KGI Securities analyst Ming-Chi Kuo, iPhone, iPad, and Mac shipments may likely be at 58.2 million, 10.1 million, and 4.5 million respectively in the March ending quarter of 2015. The well-regarded analyst added that the Apple Watch may likely ship 631,000 units. The Mac, in particular, may be one of the fastest-growing products in the first half of 2015; Kuo forecasts shipments of 4.5 million in fiscal quarter two, which is 17 percent less units shipped on a year-over-year basis, but back-to-school demand and the release of the 12-inch MacBook may be the variables behind much-improved Mac performance in the coming quarters.

Regarding the Apple Watch, which was released just this Friday, Kuo said that it is still too soon to ascertain whether the new device has been a success so far. Strangely, Kuo’s forecast of 631,000 units is listed for quarter one 2015, but what is even more interesting is how low it is compared to the forecasted shipments of other Wall Street analysts; most number-crunchers foresee shipments of two to three million units. Kuo justifies this by citing variables such as poor yield rates and a lack of supplier labor.

For the iPad, Kuo believes that Apple’s tablet computer line will continue its regression in fiscal quarter two, with a total of 10.1 million units shipped, or 52.7 percent less units sequentially, or quarter-over-quarter. He says that “industry structural changes” and not seasonal trends would be the main driving factor behind such a precipitous decline in shipments. The iPhone, however, may break a fiscal quarter two record if it ships 58.2 million units as expected, or 21.8 percent less quarter-over-quarter.

Apple shares are trading at $130.95 in pre-market trading, following a modest 0.47 percent ($0.61) uptick in Friday trading to $130.28.